4 ms·
Get that Monthly Recurring Revenue BAYBEEE. If you have MRR, you're a tech company, not a dirty smelly thing manufacturer, and Wall Street might love you. It's
by csours 4y ago
Get that Monthly Recurring Revenue BAYBEEE. If you have MRR, you're a tech company, not a dirty smelly thing manufacturer, and Wall Street might love you.
It's kind of funny that the article says
> "But it’s not just BMW: industry watchers and consumer advocates warn that the nickel-and-diming threatens to become standard as automakers chase a recurring revenue model pioneered by Elon Musk’s Tesla."
GM launched OnStar and Satellite Radio years before Elon bought into Tesla.
Disclosure: I work for GM and I am representing solely my own point of view.
- le-mark 4y agoWhew I thought for a moment “scours” was speaking for the GM board, good to know!
- csours 4y agoThey tell me I need to say that.
- Sohcahtoa82 4y agoWith Tesla, the recurring revenue model makes sense. You get features that can consume considerable bandwidth and mobile data, things that can have considerable cost to Tesla. People usually cite the music streaming and satellite maps, but you also get Netflix, YouTube, and a dozen other video streaming services. I don't use those video streaming services often in my car (usually just when waiting for a table at a restaurant), but I'm sure there's a long tail of people that spend a lot of time Supercharging and will watch hours of content every month and consume tens or even hundreds of GB of mobile data.
- csours 4y agoYes, I think it is vital to understand which subscriptions people are willing to pay for. People are most willing to pay for things where they understand that there is an underlying cost to providing the service, and where they derive value from updates or ongoing service. The service should also be provided at a competitive price - for example you cannot charge for navigation in most cases because people can use free nav services (Google Maps etc)